Oct 2 (Reuters) - Resolute Forest Products Inc RFP.N :
* PRESS RELEASE - RESOLUTE TO SELL CATAWBA, SC, PAPER AND PULP MILL
* RESOLUTE FOREST PRODUCTS INC - DEAL FOR ABOUT $300 MILLION
* RESOLUTE FOREST PRODUCTS INC - TOTAL PURCHASE PRICE CONSISTING OF $260 MILLION IN CASH & ASSUMPTION OF ABOUT $40 MILLION OF LIABILITIES
* RESOLUTE FOREST PRODUCTS INC - ENTERED INTO A DEFINITIVE ASSET PURCHASE AGREEMENT WITH NEW-INDY CONTAINERBOARD, LLC
* RESOLUTE FOREST PRODUCTS INC - EXPECT TO USE PROCEEDS FROM ASSET SALE TO FURTHER REDUCE NET DEBT